Best Funds & Asset Management Lawyers in Paramaribo

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Schurman Advocaten
Paramaribo, Suriname

Founded in 1984
50 people in their team
Dutch
English
At Schurman Advocaten NV you will receive expert and results-oriented guidance for the most diverse legal problems. Our main task is to assist and represent you when legal support is needed. First of all, we try to resolve the case outside the courtroom. If an effective approach requires this, we...
Naarendorp Advocaten
Paramaribo, Suriname

Founded in 1995
10 people in their team
Dutch
English
‘Naarendorp Advocaten’ is a prominent and leading law firm in Suriname. Founded in 1995 by Edward Naarendorp, the law firm, under its old name ‘Coster Advocaten’, has sustained a steady growth over the years and now cannot be ignored in the Surinamese legal practice.The firm has an...
Advocatenkantoor Tjong A Sie
Paramaribo, Suriname

Founded in 2010
50 people in their team
Dutch
English
Mr. Audrey Tjong A SieGraduated as a lawyer from the Anton de Kom University of Suriname in August 2006. She worked at the Central Bank of Suriname from 1984 to 1994 and held the position of director at the Poultry Company Suki NV from 1994 to 2006. Since 2010 part-time lecturer in property and...
KGL Tax & Legal
Paramaribo, Suriname

Founded in 2023
10 people in their team
Dutch
English
Discover the story of KGL, a premier tax, legal, and business support firm based in Suriname.Our team’s origins trace back to a previous firm that merged with another, prompting us to forge our own path. Founded on July 18, 2023, KGL embodies our belief in the value of each team member and their...
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About Funds & Asset Management Law in Paramaribo, Suriname

Funds and asset management in Paramaribo, Suriname involves the professional management of investment funds, including mutual funds, pension funds, and other pooled investment schemes. Individuals and institutions use asset management services to grow and protect their financial assets through diversified portfolios. In Suriname, this field is regulated to promote transparency, protect investors, and ensure confidence in the financial markets. The legal landscape includes laws that cover the registration, operation, and supervision of asset managers and the products they offer.

Why You May Need a Lawyer

A lawyer experienced in funds and asset management law can provide valuable guidance in various situations, including:

  • Setting up a new investment or mutual fund
  • Drafting or reviewing agreements with an asset manager
  • Ensuring compliance with local and international regulations
  • Handling disputes related to investments or fund performance
  • Managing the legal aspects of mergers and acquisitions between fund managers
  • Advising on fiduciary duties and risk management
  • Guidance on tax implications for fund income and transactions
  • Protecting investor rights and resolving claims of mismanagement or fraud
  • Navigating cross-border investments and reporting obligations
  • Advising trustees and custodians on their legal duties

Local Laws Overview

Funds and asset management activities in Paramaribo are subject to multiple legal frameworks. The Central Bank of Suriname is the primary regulatory authority overseeing financial institutions, including asset managers and funds. Key laws and regulations often include rules on licensing, mandatory disclosures, anti-money laundering (AML), and consumer protection. Fund managers must adhere to operational standards, maintain transparency on investment portfolios, and regularly report to both clients and regulators. There are also specific guidelines for advertising investment products, managing conflicts of interest, and ensuring that client assets are segregated and secure. The legal environment closely follows international best practices while incorporating requirements tailored to Suriname’s economy and investor profile.

Frequently Asked Questions

What is asset management?

Asset management refers to the professional handling of investments on behalf of individuals or institutions to meet specific investment goals, such as capital appreciation or income generation.

Do I need a license to operate a fund or asset management company in Paramaribo?

Yes, all asset management companies and funds must obtain a license from the Central Bank of Suriname before beginning operations.

What laws govern fund and asset management in Suriname?

The main laws include regulations issued by the Central Bank of Suriname, laws covering anti-money laundering, and other financial sector regulations that address transparency, investor protection, and corporate governance.

How are investors protected under Surinamese law?

Investors are protected through strict licensing requirements for managers, rules on transparency, regular audits, separation of client assets, and regulatory oversight by the Central Bank.

Can foreigners invest in Surinamese funds?

Yes, but there may be additional due diligence requirements and reporting obligations depending on the type of fund and the investor’s country of origin.

What tax considerations should I be aware of?

Funds and asset management activities are subject to local tax laws, including capital gains tax, withholding tax, and any applicable exemptions based on the fund structure. Professional advice is recommended for planning.

What are the main risks in fund investing?

Risks include market fluctuations, liquidity issues, potential mismanagement, fraud, and changes in regulations. Legal advice can help you identify and mitigate these risks.

How can I check if an asset manager is properly licensed?

You can verify an asset manager's license status by contacting the Central Bank of Suriname or reviewing their published list of authorized financial service providers.

What should I do if I suspect fraud or mismanagement?

Contact a qualified lawyer immediately. You should also report your concerns to the Central Bank of Suriname or the relevant regulatory body.

Are there any reporting requirements for fund managers?

Yes, licensed fund managers must provide regular reports to the Central Bank and to their clients, detailing investment performance, asset holdings, and compliance with regulations.

Additional Resources

For further guidance or to verify the competence of funds and asset managers, you may refer to the following:

  • Central Bank of Suriname - The national financial regulator for funds and securities
  • Suriname Stock Exchange - For information on listed funds and securities
  • Suriname Bar Association - To find qualified legal professionals
  • Ministry of Finance and Planning - For policy updates and regulatory news
  • Association of Chartered Accountants in Suriname - For trustee and auditor information

Next Steps

If you require legal assistance with funds or asset management in Paramaribo, consider the following steps:

  • Identify and list the specific concerns or questions you have about your funds or assets
  • Contact a licensed lawyer or law firm with experience in funds and asset management law
  • Gather all relevant documents, agreements, and communications related to your investments
  • Verify the credentials of your legal advisor through the Suriname Bar Association
  • Schedule a consultation to discuss your situation in detail and understand your rights and options
  • Follow your lawyer’s advice on any regulatory filings, dispute resolution, or compliance actions required

Always seek professional legal advice before making major financial decisions involving funds or asset management. Regulations and requirements can be complex and proper guidance helps to ensure your interests are protected in Paramaribo, Suriname.

Lawzana helps you find the best lawyers and law firms in Paramaribo through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Funds & Asset Management, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Paramaribo, Suriname - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.